The regulator said it was informed on Saturday that Christopher Callahan, the sole director, officer and shareholder of Traynor, was dead. During the week...
- The Ontario Securities Commission said it had issued a cease trade order to hedge fund manager Traynor Ridge Capital Inc following the death of its founder, and three failed trading orders last week.
CIBC World Markets Inc., a subsidiary of Canadian Imperial Bank of Commerce, was Traynor's prime broker and has terminated its service agreement with Traynor because the firm had stopped responding, the OSC said.Traynor is a Toronto-based alternative investment management firm, according to its website, and manages three prospectus-exempt funds known as the TR1 Funds.The firm and one of Callahan's colleagues listed on its website did not immediately respond to requests for comment.
Steve Ballmer joined Microsoft in 1980 as Bill Gates' assistant, became CEO in 2000, and retired in 2014 with a 4% stake that's worth a fortune today.Are you looking for stocks to buy before the next bull market? Here are two top picks! The post A Bull Market Is Coming: 2 Spectacular Growth Stocks to Buy Now and Hold Forever appeared first on The Motley Fool Canada.
Warren Buffett's Japan trade felt like a gift from God, Charlie Munger says: 'It was awfully easy money' 5 reasons the S&P 500 will rally in year-end and 2024 after entering a correction, Wall Street strategist says
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dutch regulator disputes Apple's commissions in dating app caseExplore stories from Atlantic Canada.
Read more »
Canada Hedge Fund's Trades Halted After Losses, Manager's Death(Bloomberg) -- The sudden death of a Toronto-based hedge fund manager has prompted an investigation into tens of millions of dollars in losses that the fund ...
Read more »
Canada Hedge Fund's Trades Halted After Losses, Manager's DeathThe Ontario Securities Commission issued a temporary order prohibiting a Toronto-based hedge from trading after dealers executing transactions for the fund incurred losses and the fund’s manager passed away.
Read more »
Enterprise Products doubles down on gas liquids with pipelines, processing plantsExplore stories from Atlantic Canada.
Read more »
13 Amazon Canada Products That’ll Fix Little Problems Around Your HouseFrom busted picture frames to shattered plates, this Gorilla Super Glue will help you make quick fixes around your home. It’ll dry down in under a minute (no clamping required) and can be used on plastic, wood, metal, ceramic, and more.
Read more »